Offices - Business Review


Openville Timisoara, the largest business, retail and entertainment hub in the west of Romania, to open in the fourth quarter of 2018

Offices November 20, 2017 12:49 0 comments Advertorial

The Openville Timisoara development, the largest mixed-use project in the west of Romania will be opened in the fourth quarter of next year, upon completion of the first phase of development. The project that integrates…more »

Preturi Pentru Tine retailer moves HQ to City Offices

Offices November 14, 2017 12:46 0 comments

PPT Preturi Pentru Tine, the Romanian clothing and footwear retailer, moved to the City Offices office building, part of Globalworth’s portfolio. The company leased 1,700 square meters in a deal that was brokered by real…more »

River Development kicks off The Light office construction in EUR 33.5 mln investment

Offices November 10, 2017 17:58 0 comments

River Development, part of Romanian SEMA Group, has announced the start of the construction works for The Light office building located in Politehnica area, on the grounds of the former Pumac factory in Bucharest. The…more »

Companies in Bucharest lease 45,000 sqm office space in Q3

Offices November 10, 2017 12:26 0 comments

The Bucharest office market registered close to 45,000 sqm leased in this year’s third quarter. According to data from the real estate consultancy company Colliers International, the demand came mostly from IT and BPO/SSC companies,…more »

West Gate expands rental contract with Alpha Bank by end-2026

Offices November 07, 2017 11:46 0 comments

Office park West Gate, owned by the company Genesis Property, expands the rental contract with Alpha Bank by the end of 2026. Alpha Bank started its operations in West Gate in 2008 and currently occupies…more »

Sema Parc and business park Sema Office sign 3 new tenants

Offices November 06, 2017 11:02 0 comments

River Development, the company that manages and develops real estate projects within business park Sema Office, and the industrial park Sema Parc signed 3 new tenants, during 2017: Mega Image, Praktiker and Studio Moderna. “For…more »

Analysis. Baneasa Developments aims to turn northern Bucharest into major mixed-use project

Offices November 03, 2017 11:40 0 comments BR Exclusive

After investing EUR 165 million in a retail center in northern Bucharest, Baneasa Developments aims to put another EUR 300 million into the Baneasa area in the next decade, aiming to trigger a massive influx…more »

AFI Europe Romania launches leasing campaign in the office project AFI Park Brasov

Offices November 02, 2017 10:59 0 comments

In less than two months since setting the cornerstone of the AFI Brasov project, real estate developer AFI Europe Romania announces the start of the leasing campaign in the AFI Park Brasov Class A office…more »

Vastint exploring built-to-rent for residential at Timpuri Noi Square

Offices November 01, 2017 18:20 0 comments BR Exclusive

Real estate developer Vastint might put up for rent one of the residential buildings that will be part of the Timpuri Noi Square mixed-use project in Bucharest, according to Antoniu Panait, the managing director of…more »

Vlad Tanase (NNDKP): Real estate investors struggling to find mid-sized projects in Romania

Offices November 01, 2017 18:00 0 comments BR Exclusive

Real estate investors are constantly looking at Romania but the “issue we see is that at this moment there are few projects that can be acquired”, according to Vlad Tanase, partner at law firm NNDKP.…more »